Cleared interview and awaiting an offer for AVP (5.1) at hsbc bangalore/pune, primarily in electronic data processing (data analyst gcb5) role.
Im currently at 28+4, the hr discussion said around 33.6 fixed including retirals plus variable between 4 to 8.
Is there a scope for increment?
Is this a good offer?
Tier 1 mba grad, currently based out of Delhi,will have to relocate to Bangalore for this role.

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It is not a good offer. You should look for a different option.
The hike percentage is very less on your fixed pay.. HSBC has a new variable pay from this year.. So the variable pay part is something that no one can commit.. If they are saying it is 4, it can easily go down to 3 or increase to 6
Also if you join, your yearly hikes are going to be in single digit because your salary will be higher than the median.
Given you have tier -1 MBA and you are pretty famous in your field , try for GCB 4 position in HSBC in future. You will be wasting your talent and losing out on pay compared to your peers if you join..

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At 5.1 variable pay will be more towards 4 LPA than 8 LPA.
Hike is meagre. Why are you even considering this offer?

Current YOE?

6.5

Have you got the final offer letter? Not sure about your YOE but the offered salary is more than mean in GCB 5 grade.

What's the benchmark? I am pushing her but it doesn't seem to be going anywhere. Awaiting a counter offer

Do we have GSC/HSBC edpi in Pune ?

Yes they offered me a choice for Pune/blr

If you relocate to pune then it would be cost effective considering living expenses. Bangalore rent these days is on 🔥

Im a delhi lady, a non metro isn't something I'd pick.
Thanks ka for your suggestion though

Pune is much better than Bangalore.
Plus neither of these are metro cities!

Don't come in pune here people are like old age people,not fun loving people here, no life style no interaction between colleagues because we don't speak marathi,I miss my delhi Life too much ..

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For two reasons primarily
Need to move cities as my partner lives in Bengaluru
My current work profile has become stagnant and I don't want to move to a services setup

What’s your profile ? Most of HSBC is services aka GCC

You already getting good salary and they offering you very less hike I don't thinks it's good offer ..if I read it correctly your experience is 6.5 yr only then you should not switch job for just this much small hike ..

Hey, can we have a quick chat?

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